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Boehringer, Sanofi Close Deal As FTC Orders Divestitures

By Kelly Knaub (January 3, 2017, 2:13 PM EST) -- German pharmaceutical company Boehringer Ingelheim GmbH and French pharmaceutical company Sanofi SA on Monday announced that they have closed their €23 billion ($25.2 billion) asset swap, days after the Federal Trade Commission ordered Boehringer to divest five of its animal health products to fix competition problems with the deal....

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